Citigroup Inc. Reduces Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Citigroup Inc. reduced its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 733,211 shares of the company’s stock after selling 1,662 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Total Bond Market ETF were worth $55,072,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Raymond James Trust N.A. lifted its holdings in Vanguard Total Bond Market ETF by 7.7% in the 3rd quarter. Raymond James Trust N.A. now owns 43,861 shares of the company’s stock valued at $3,294,000 after purchasing an additional 3,125 shares in the last quarter. Wrenne Financial Planning LLC raised its position in shares of Vanguard Total Bond Market ETF by 5.3% in the third quarter. Wrenne Financial Planning LLC now owns 148,293 shares of the company’s stock valued at $11,138,000 after buying an additional 7,407 shares during the last quarter. Smithfield Trust Co lifted its stake in shares of Vanguard Total Bond Market ETF by 4.1% during the third quarter. Smithfield Trust Co now owns 329,420 shares of the company’s stock valued at $24,727,000 after buying an additional 12,970 shares during the period. RW Investment Management LLC grew its stake in Vanguard Total Bond Market ETF by 0.9% in the 3rd quarter. RW Investment Management LLC now owns 37,501 shares of the company’s stock worth $2,817,000 after acquiring an additional 337 shares during the period. Finally, LPL Financial LLC raised its holdings in Vanguard Total Bond Market ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.59 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The business’s fifty day moving average is $73.75 and its two-hundred day moving average is $73.26.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.2276 dividend. This represents a $2.73 dividend on an annualized basis and a yield of 3.76%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Friday, November 1st.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.